IGF Mining Policy Framework Assessment Senegal /

The assessment identifies key strengths, weaknesses and gaps in the country’s mining laws and policies (compared to the international best practices outlined in the MPF) which helps measure the readiness of the member state to implement the MPF through its existing government measures. [...] It is bordered by Mauritania to the north, Mali to the east, and Guinea-Conakry and Guinea-Bissau to the south, and the Atlantic Ocean to the west. [...] In addition to the DMG, the Ministry of Mines has two other central directorates: the Directorate of Prospecting and the Promotion of Mines, and the Directorate of Control and Monitoring of Mining Operations. [...] The titleholder has an exclusive right to exploit the mineral resources, a right to renew the permit up to the exhaustion of the deposits, and a right to stable legal, administrative, financial and © 2014 The International Institute for Sustainable Development 12 IGF Mining Policy Framework Assessment: Senegal fiscal conditions of exploitation as they were at the time the permit was granted. [...] Exemptions and incentives are also available to mining companies during the investment and early exploitation phase of a mining project (between the issuance of the mining permit and the start of commercial production).